i think its very positive that the share price has only fallen by the dividend and is holding now..
I reckon DJS will be surely takenover soon...
it has an iconic brand......lazy property assets that can be quickly sold and leased back....very low debt/gearing.....no signficent stakeholders who could block a takeover like in Billabong's case and generates strong cash flow....
Also i reckon sentiment towards Retail will start to improve once rates get cut next month..
DJS Price at posting:
$2.27 Sentiment: LT Buy Disclosure: Held